"There are a lot of bank debt holders that have lost a lot of money because they were betting on the outcome of this legal issue. That's what this was really about."

--Andrew Rahl, head of the bankruptcy and restructuring practice group at Anderson, Kill & Olick and counsel to bond-holders and trade claim holders, on the court battle that has been shaping up between Owens Corning's bank debt, bond and trade claim holders.

"There are a lot of bank debt holders that have lost a lot of money because they were betting on the outcome of this legal issue. That's what this was really about."--Andrew Rahl, head of the bankruptcy and restructuring practice group at
Anderson, Kill & Olick
and counsel to bond-holders and trade claim holders, on the court battle that has been shaping up between
Owens Corning's bank debt, bond and trade claim holders.